Reform
ActiveThe computed 12-month bankruptcy probability of Reform is 1.5% (moderate). The 2025 annual accounts show equity of €3k and a net result of €429. Its solvency ranks better than 13% of 7318 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability63
Solvency13
Growth-
Stability67
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.03), and 97.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7318 sector peers (2025).
NBB · sector comparisonPosition among 7318 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€3k
Total assets
€139k
Net result
€429
Working capital
€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €139k
Equity
€3k
Debt
€135k
Debt finances 97.5% of the balance-sheet total.
Key figures and ratios
Solvency
2.5%
Current ratio
1.03
Quick ratio
0.95
Debt / equity
39.45
ROE
12.5%
ROA
0.3%
Debt
€135k
Debt ≤ 1 year
€135k
Income taxes
€2k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€139k
Current assets29/58€139k
Stocks and contracts in progress3€10k
Contracts in progress37€10k
Amounts receivable within one year40/41€89k
Trade receivables40€66k
Other amounts receivable41€23k
Cash at bank and in hand54/58€39k
Deferred charges and accrued income490/1€635
Equity and liabilities
Total equity and liabilities10/49€139k
Equity10/15€3k
Contributions10/11€3k
Reserves13€429
Distributable reserves133€429
Amounts payable17/49€135k
Amounts payable within one year42/48€135k
Trade debts44€123k
Suppliers440/4€123k
Taxes, remuneration and social security45€9k
Taxes450/3€9k
Other amounts payable47/48€4k
Income statement
Code2025
Other operating charges640/8€791
Gross operating margin9900€4k
Operating profit (loss)9901€3k
Financial charges65/66B€255
Recurring financial charges65€255
Profit (loss) for the period before taxes9903€3k
Income taxes67/77€2k
Profit (loss) for the period9904€429
Profit (loss) for the period to be appropriated9905€429
Appropriation of the result
Profit (loss) to be appropriated9906€429
Transfer to equity691/2€429
To other reserves6921€429
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Westerlo · 1 establishment unit since 2025
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rodekruisstraat 212260 WesterloGround area
2,395 m²
Building footprint
243 m²
Volume, LiDAR
719 m³
Parcel 13049B0305/00C003, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Reform
since 20252.373.907.922
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13049B0305/00C003 | Flanders | 2,395 m² | 1 · 243 m² | 8.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesReform BV45324
Similar companies · same sector, comparable size
HCT INTERIEUR-RENOVATIE
BE 0688.588.746
Nijlen · Eq €3k
ABP CONSTRUCTION
BE 0778.253.368
Merchtem · Eq €3k
FISC OPTIMUM INVEST
BE 0800.647.797
Antwerpen · Eq €3k
BIGSTONES
BE 0732.884.983
Neupré · Eq €3k
A.C.V. ENTREPRISE GENERALE
BE 0475.042.454
Saint-Ghislain · Eq €3k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 4,988 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2025
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
68121Development of residential building projects
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.